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Mumbai (Maharashtra) [India], December 7 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural focused HFC, has received the members' consent for a bonus issue at its shareholders' meeting held on December 6, 2022. The shareholders have also approved the proposal to split the company's shares. The board of directors of the company has fixed December 16, 2022, as the record date for the purpose of bonus issue and share split. The members of the company approved a bonus issue in the ratio of 1:1 i.e. One new bonus equity share for every one existing fully paid-up equity share and subdivision of the company's one equity share of the face value of Rs 10 each into two equity shares of the face value of Rs 5 each. Speaking on the occasion, Ashish Jain, MD of Star HFL said, "Star HFL board has declared Dec 16, 2022 as the record date for subdivision and bonus for shareholders. This action is consistent with our philosophy of creating sustai

Kalpesh daveAshish jainStar housing finance limitedAkme star housing finance companyLending institutionSystemically importantHead corporate strategyHousing finance limitedPrimary lending institutionPradhan mantri awas yojanaMumbai maharashtra indiaEcember 7 ani pnn star housing finance limited hfl scrip code bom 539017A rural focused hfcAs received the members 39 consent fora bonus issue at its shareholders meeting held on december 6022 the shareholders have also approved proposal to split company 39s shares board of directors has fixed december 16S the record date for purpose of bonus issue and share split members company approveda in ratio 1 ie one new equity every existing fully paid up subdivision 39s face value rs 10 each into two shares 5 speaking on occasion